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CCS HB 370: "An Act making appropriations for the operating and loan program expenses of state government and to capitalize funds; making appropriations under art. IX, sec. 17(c), Constitution of the State of Alaska, from the constitutional budget reserve fund; and providing for an effective date."

00CONFERENCE CS FOR HOUSE BILL NO. 370 01 "An Act making appropriations for the operating and loan program expenses of 02 state government and to capitalize funds; making appropriations under art. IX, 03 sec. 17(c), Constitution of the State of Alaska, from the constitutional budget 04 reserve fund; and providing for an effective date." 05 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 06 * Section 1. Included within the general fund amounts appropriated in this Act, the 07 following amounts are from the unreserved special accounts in the general fund: 08 Highway fuel tax account (AS 43.40.010(g)) $25,500,000 09 Aviation fuel tax account (AS 43.40.010(e)) 6,000,000 10 * Sec. 2. Federal or other program receipts as defined under AS 37.05.146 that exceed the 11 amounts appropriated in this Act are appropriated conditioned upon compliance with the 12 program review provisions of AS 37.07.080(h). 13 * Sec. 3. If federal or other program receipts as defined under AS 37.05.146 exceed the 14 estimates appropriated by this Act, the appropriation from state funds for the affected program

01 may be reduced by the amount of the excess if the reductions are consistent with applicable 02 federal statutes. 03 * Sec. 4. Except as provided in sec. 5 of this Act, if federal or other program receipts as 04 defined under AS 37.05.146 fall short of the estimates appropriated by this Act, the affected 05 appropriation is reduced by the amount of the shortfall in receipts. 06 * Sec. 5. If the federal receipts under 42 U.S.C. 1397 - 1397f (Title XX of the Social 07 Security Act) fall short of the estimate, the amount of the shortfall is appropriated from the 08 general fund. 09 * Sec. 6. (a) Amounts necessary to fund the uses of the state insurance catastrophe reserve 10 account described in AS 37.05.289(a) are appropriated from that account to the Department 11 of Administration. 12 (b) Amounts equivalent to the amounts to be received in settlement of insurance 13 claims for losses and the amounts to be received as recovery for losses are appropriated from 14 the general fund to the state insurance catastrophe reserve account established by 15 AS 37.05.289. 16 (c) Amounts equivalent to the amounts to be received in settlement of claims against 17 bonds guaranteeing the reclamation of state land are appropriated from the general fund to the 18 agency secured by the bond. This appropriation is made for the purpose of reclaiming state 19 land affected by a use covered by the bond. 20 (d) The appropriations made in (b) and (c) of this section are contingent upon 21 compliance with the program review provisions of AS 37.07.080(h). 22 * Sec. 7. The amount required to pay interest on revenue anticipation notes issued by the 23 commissioner of revenue under AS 43.08 is appropriated from the general fund to the 24 Department of Revenue for payment of interest on revenue anticipation notes issued by the 25 commissioner of revenue under AS 43.08. 26 * Sec. 8. The amount required to be paid by the state for the principal of and interest on 27 all issued and outstanding state-guaranteed bonds is appropriated from the general fund to the 28 state bond committee to make all payments by the state required under its guarantee for 29 principal and interest. 30 * Sec. 9. The sum of $5,779,764 is appropriated from the international airports revenue 31 fund (AS 37.15.430) to the state bond committee for payment of debt service and trustee fees

01 on outstanding international airports revenue bonds. 02 * Sec. 10. (a) The sum of $11,243,993 is appropriated from the general fund to the Alaska 03 debt retirement fund (AS 37.15.011). 04 (b) The sum of $11,243,993 is appropriated from the Alaska debt retirement fund 05 (AS 37.15.011) to the state bond committee for lease payments to the Alaska Housing Finance 06 Corporation, City of Seward, City of Kenai, the Department of Natural Resources, and the 07 Alaska court system. 08 * Sec. 11. (a) The sum of $18,477,625 is appropriated from the general fund to the Alaska 09 debt retirement fund (AS 37.15.011). 10 (b) The sum of $23,177,625 is appropriated from the Alaska debt retirement fund 11 (AS 37.15.011) to the state bond committee for payment of debt service and trustee fees on 12 state general obligation bonds. 13 * Sec. 12. The amount authorized for transfer by the Alaska Permanent Fund Corporation 14 under AS 37.13.145(b) is appropriated from the earnings reserve account (AS 37.13.145) to 15 the dividend fund (AS 43.23.045(a)) for the payment of permanent fund dividends and 16 administrative and associated costs. 17 * Sec. 13. The amount calculated under AS 37.13.145 to offset the effect of inflation on 18 the principal of the Alaska permanent fund is appropriated to the principal of the Alaska 19 permanent fund from the earnings reserve account (AS 37.13.145) of the Alaska permanent 20 fund that remains after money is transferred to the dividend fund under sec. 12 of this Act. 21 * Sec. 14. The interest earned during fiscal year 1995 on revenue from the sources set out 22 in AS 37.13.010 while the revenue is held in trust, escrow, or otherwise before receipt of the 23 revenue by the state is appropriated to the principal of the Alaska permanent fund. 24 * Sec. 15. The amount required to be deposited under AS 37.13.010(a)(1) and (2) during 25 fiscal year 1995 is appropriated to the principal of the Alaska permanent fund in satisfaction 26 of that requirement. 27 * Sec. 16. The lapsing balance of the employment assistance and training program fund 28 (sec. 3, ch. 95, SLA 1989, as amended by sec. 33, ch. 2, FSSSLA 1992) on June 30, 1994, 29 is appropriated to the unemployment compensation fund (AS 23.20.130) on July 1, 1994. 30 * Sec. 17. (a) Except as provided in (b) and (c) of this section, all unrestricted mortgage 31 loan interest payments and all other unrestricted receipts, including, without limitation,

01 mortgage loan commitment fees, received by or accrued to the Alaska Housing Finance 02 Corporation during the fiscal year 1995, and all income earned on assets of the corporation 03 during that period, are appropriated to the Alaska housing finance revolving fund 04 (AS 18.56.082) for the purposes described in AS 18.56. 05 (b) All unrestricted mortgage loan interest payments and all other unrestricted receipts, 06 including, without limitation, mortgage loan commitment fees, received by or accrued to the 07 housing assistance loan fund (AS 18.56.420) in the Alaska Housing Finance Corporation 08 during the fiscal year 1995, and all income earned on assets of that fund during that period, 09 are appropriated to the housing assistance loan fund in the Alaska Housing Finance 10 Corporation for the purposes of that fund. 11 (c) All unrestricted mortgage loan interest payments and all other unrestricted receipts, 12 including, without limitation, mortgage loan commitment fees, received by or accrued to the 13 senior housing revolving fund (AS 18.56.710) in the Alaska Housing Finance Corporation 14 during the fiscal year 1995, and all income earned on assets of that fund during that period, 15 are appropriated to the senior housing revolving fund in the Alaska Housing Finance 16 Corporation for the purposes of that fund. 17 (d) The sum of $200,000,000 from the available unrestricted cash in the general 18 account of the revolving fund, Alaska Housing Finance Corporation, is anticipated to be 19 transferred by the direction of the Alaska Housing Finance Corporation board to the general 20 fund. The funds will be deposited to the general fund when received during fiscal year 1995. 21 * Sec. 18. The sum of $9,934,900 is appropriated from the commercial fishing revolving 22 loan fund (AS 16.10.340) to the fisheries enhancement revolving loan fund (AS 16.10.505) 23 for the fisheries enhancement loan programs. 24 * Sec. 19. (a) The balance of the oil and hazardous substance release mitigation account 25 (AS 46.04.010 and AS 46.08.020) on July 1, 1994, not otherwise appropriated by (b) of this 26 section, is appropriated to the oil and hazardous substance release response fund 27 (AS 46.08.010). 28 (b) The sum of $3,541,300 is appropriated from the oil and hazardous substance 29 release mitigation account (AS 46.04.010 and AS 46.08.020) on July 1, 1994, to the storage 30 tank assistance fund (AS 46.03.410) for the fiscal year ending June 30, 1995. 31 * Sec. 20. (a) The sum of $25,900,000 derived from the surcharge collected under

01 AS 43.55.200 during fiscal year 1994 is appropriated from the general fund to the oil and 02 hazardous substance release response fund (AS 46.08.010). 03 (b) Contingent upon the passage by the Eighteenth Alaska State Legislature and the 04 enactment into law of a bill establishing the oil and hazardous substance release prevention 05 account and the oil and hazardous substance release response account (or substantially similar 06 accounts) in the oil and hazardous substance release prevention and response fund (or a 07 substantially similar successor to the oil and hazardous substance release response fund 08 (AS 46.08.010)), the amount of $25,900,000 that was appropriated under (a) of this section 09 is transferred from the oil and hazardous substance release response fund (AS 46.08.010) to 10 the oil and hazardous substance release prevention and response fund (or a substantially 11 similar successor to the oil and hazardous substance release response fund (AS 46.08.010)) 12 and is appropriated into the following accounts (or substantially similar accounts) in the 13 amounts listed 14 ACCOUNT APPROPRIATION 15 Oil and hazardous substance release 16 prevention account $15,540,000 17 Oil and hazardous substance release 18 response account 10,360,000 19 * Sec. 21. (a) Contingent upon the passage by the Eighteenth Alaska State Legislature and 20 the enactment into law of a bill that establishes the oil and hazardous substance release 21 prevention account and the oil and hazardous substance release response account (or 22 substantially similar accounts) in the oil and hazardous substance release prevention and 23 response fund (or a substantially similar successor to the oil and hazardous substance release 24 response fund (AS 46.08.010)), the unexpended and unobligated balance of the oil and 25 hazardous substance release response fund (AS 46.08.010), as of the day before the effective 26 date of a section of the legislation described above that suspends the surcharge authorized by 27 AS 43.55.201 unless a certain appropriation is made from the oil and hazardous substance 28 release response fund (AS 46.08.010) and is allocated to the oil and hazardous substance 29 release prevention account and the oil and hazardous substance release response account, is 30 appropriated to the oil and hazardous substance release prevention and response fund and is 31 allocated as follows:

01 (1) $5,000,000 to the oil and hazardous substance release prevention account; 02 (2) the remainder to the oil and hazardous substance release response account. 03 (b) On the effective date of legislation passed by the Eighteenth Alaska State 04 Legislature and enacted into law that establishes the oil and hazardous substance release 05 prevention account and the oil and hazardous substance release response account (or 06 substantially similar accounts) in the oil and hazardous substance release prevention and 07 response fund (or a substantially similar successor to the oil and hazardous substance release 08 response fund (AS 46.08.010)), appropriations made from the oil and hazardous substance 09 release response fund (AS 46.08.010) for fiscal year 1995 shall be considered as having been 10 made from the oil an hazardous substance release prevention and response fund. 11 * Sec. 22. (a) The sum of $15,265,000 is appropriated to the following departments, from 12 the following sources, for costs relating to legal proceedings and audit activity involving oil 13 and gas revenue due or paid to the state or state title to oil and gas land, for the fiscal year 14 ending June 30, 1995: 15 Department of Law 16 State corporation receipts $3,750,000 17 Budget reserve fund (art. IX, 18 sec. 17, Constitution of the 19 State of Alaska) 11,250,000 20 Department of Revenue 21 General fund 265,000 22 (b) The appropriation made by (a) of this section from the budget reserve fund (art. 23 IX, sec. 17, Constitution of the State of Alaska) is made under art. IX, sec. 17(c), Constitution 24 of the State of Alaska. 25 * Sec. 23. The sum of $3,554,400 is appropriated from the general fund to the Department 26 of Natural Resources for costs associated with fire suppression for the fiscal year ending 27 June 30, 1995. 28 * Sec. 24. The sum of $21,501,500 is appropriated to the information services fund 29 (AS 44.21.045) for the Department of Administration, division of information services 30 programs from the following sources: 31 General fund $ 2,124,000

01 General fund program receipts 94,600 02 Inter-agency receipts 19,222,900 03 Inter-agency receipts/oil and hazardous 04 substance release response fund 60,000 05 * Sec. 25. The sum of $28,397,200 is appropriated from the general fund to the Alaska 06 marine highway system fund (AS 19.65.060) to continue to provide stable services to the 07 public. 08 * Sec. 26. The sum of $1,100,000 is appropriated from the mental health trust income 09 account (AS 37.14.011) to the unreserved portion of the general fund for statewide indirect 10 cost recovery related to mental health programs. 11 * Sec. 27. The fiscal year 1995 general fund receipts of the tank registration fee program 12 under AS 46.03.385 are appropriated to the storage tank assistance fund (AS 46.03.410). 13 * Sec. 28. An amount equal to the amount appropriated for the costs of the 1994 annual 14 governor's safety conference (sec. 33, ch. 65, SLA 1993) plus the fiscal year 1994 program 15 receipts of the Safety Advisory Council, less the amount expended or obligated for expenditure 16 for the costs of the 1994 annual governor's safety conference, is appropriated from the general 17 fund to the Safety Advisory Council for costs of the 1995 annual governor's safety conference. 18 * Sec. 29. (a) The sum of $8,000,000 is appropriated from the group health and life 19 benefits fund (AS 39.30.095) to the office of management and budget to lower health 20 insurance premiums paid by state agencies. 21 (b) That portion of each general fund appropriation made to a state agency that 22 contains funds for health insurance premiums for fiscal year 1995 is reduced by the amount 23 that the agency's health insurance premiums are reduced as the consequence of the 24 appropriation made by (a) of this section. 25 * Sec. 30. The unexpended and unobligated balance of the disaster relief fund 26 (AS 26.23.300) on June 30, 1994, lapses June 30, 1995 into the funds from which it was 27 appropriated. 28 * Sec. 31. The balance on June 30, 1994, of the Alaska Public Utilities Commission 29 program receipts account for regulatory cost charges under AS 42.05.253 for fiscal year 1994 30 is appropriated to the Alaska Public Utilities Commission for fiscal year 1995 expenditures. 31 * Sec. 32. The sum of $65,000 is appropriated from the rural electrification revolving loan

01 fund (AS 42.45.020) to the general fund as an additional revenue source. 02 * Sec. 33. The amount available in the four dam pool transfer fund (AS 42.45.050) during 03 fiscal year 1995 is appropriated to the following funds in the following percentages for the 04 purposes set out in AS 42.45.050: 05 Power cost equalization and rural 06 electric capitalization fund (AS 42.45.100) 40 percent 07 Southeast energy fund (AS 42.45.040) 40 percent 08 Power project fund (AS 42.45.010) 20 percent 09 * Sec. 34. (a) An amount equal to 25 percent of the money collected, and deposited into 10 the general fund, from day fines imposed under AS 12.55, not to exceed $100,000, is 11 appropriated from the general fund to the Department of Public Safety, Violent Crimes 12 Compensation Board, for grants and payment of claims. 13 (b) An amount equal to 25 percent of the money collected, and deposited into the 14 general fund, from day fines imposed under AS 12.55, not to exceed $100,000, is appropriated 15 from the general fund to the Department of Public Safety, Council on Domestic Violence and 16 Sexual Assault, for grants and payment of claims. 17 (c) The appropriations made by this section are contingent upon the passage by the 18 Eighteenth Alaska State Legislature, and the enactment into law, of legislation authorizing a 19 court to impose day fines on persons convicted of an offense. 20 * Sec. 35. The amounts necessary to refund to local governments their share of taxes and 21 fees collected under the following programs are appropriated to the Department of Revenue 22 from the general fund for payment in fiscal year 1995: 23 (1) Fisheries tax revenue for fiscal year 1994 (AS 43.75); 24 (2) Amusement and gaming tax revenue for fiscal year 1995 (AS 43.35); 25 (3) Aviation fuel tax revenue for fiscal year 1995 (AS 43.40.010); 26 (4) Electric and telephone cooperative tax revenue for fiscal year 1995 27 (AS 10.25.570); and 28 (5) Liquor license fee revenue for fiscal year 1995 (AS 04.11). 29 * Sec. 36. The amount equal to the salmon enhancement tax collected under AS 43.76 and 30 deposited in the general fund under AS 43.76.025(c) is appropriated from the general fund to 31 the Department of Commerce and Economic Development for payment in fiscal year 1995 to

01 provide financing for qualified regional associations operating within a region designated 02 under AS 16.10.375. 03 * Sec. 37. An amount equal to the fiscal year 1994 general fund receipts from the salmon 04 marketing tax under AS 43.76.110 and from the seafood marketing assessment under 05 AS 16.51.120, less the amount of those receipts that were expended or obligated for 06 expenditure during fiscal year 1994, is appropriated from the general fund to the Alaska 07 Seafood Marketing Institute for marketing Alaska seafood products during fiscal year 1995. 08 * Sec. 38. The amount required to pay claims awarded under AS 08.88.470 is appropriated 09 from the real estate surety fund (AS 08.88.450) to the Department of Commerce and 10 Economic Development, division of occupational licensing, to pay claims awarded under 11 AS 08.88.470. 12 * Sec. 39. (a) The sum of $37,600,000 is appropriated from the investment loss trust fund 13 (AS 37.14.300) to the general fund as a funding source. 14 (b) The sum of $60,000,000 from the available unrestricted cash in the Alaska 15 Industrial Development and Export Authority revolving fund (AS 44.88.060) is anticipated to 16 be transferred by the direction of the Alaska Industrial Development and Export Authority 17 board to the general fund. The funds will be deposited to the general fund when received 18 during fiscal year 1995. 19 (c) If the unrestricted state revenue available for appropriation in fiscal year 1995 is 20 insufficient to cover the general fund appropriations made for fiscal year 1995, the amount 21 necessary to balance revenue and general fund appropriations is appropriated to the general 22 fund from the budget reserve fund (art. IX, sec. 17, Constitution of the State of Alaska). The 23 appropriation made by this subsection is made under art. IX, sec. 17(c), Constitution of the 24 State of Alaska. 25 (d) All residual right, title, and interest in the loan and note portfolio appropriated to 26 the economic development fund of the former Alaska Industrial Development Authority under 27 secs. 1 and 3, ch. 67, SLA 1985, that would lapse into the general fund upon release of any 28 pledge or interest arising in connection with the financing or development of the DeLong 29 Mountain Transportation Project are transferred from the general fund to the Alaska Industrial 30 Development and Export Authority revolving fund (AS 44.88.060) for the purposes described 31 in AS 44.88.

01 (e) Any interest in money generated by the DeLong Mountain Transportation Project 02 required to be transferred to the Department of Revenue under sec. 3, ch. 68, SLA 1985, is 03 transferred to the Alaska Industrial Development and Export Authority revolving fund 04 (AS 44.88.060) for the purposes described in AS 44.88. 05 * Sec. 40. The sum of $68,738,958 is appropriated from the budget reserve fund (art. IX, 06 sec. 17, Constitution of the State of Alaska) to the general fund to cover the share of the 07 state's actual expenditures for oil and gas litigation from July 1, 1990, through February 15, 08 1994, that is attributable to the constitutional budget reserve fund. This appropriation is made 09 under art. IX, sec. 17(c), Constitution of the State of Alaska. 10 * Sec. 41. The appropriations made by secs. 17 - 21, 24, 25, 27, and 33 of this Act are for 11 capitalization of funds and do not lapse under AS 37.25.010. 12 (SECTION 42 BEGINS ON PAGE 13)